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The Charles Schwab Corporation, the discount stock brokerage, is keeping its recently ousted chief executive, David S. Pottruck, on its payroll under a $10 million contract. Charles Schwab, based in San Francisco, outlined its arrangement with Mr....

November 9, 2004, Tuesday

ONE problem with doing the right thing is that it can be difficult to explain yourself when you stop. Charles R. Schwab, the founder of the Charles Schwab brokerage firm, is in that spot right now. In May 2003, Mr. Schwab gave up the title of...

The Charles Schwab Corporation ousted its chief executive yesterday and said that its chairman and founder, Charles R. Schwab, would return as chief as the company tries to regain its footing in a shifting competitive landscape. Schwab, the...

IF you have less than $100,000 to invest, brokerage firms generally do not want your business anymore, not even the company that pioneered discount brokerage, the Charles Schwab Corporation. Schwab drove home that point yesterday when it...

The Charles Schwab Corporation said yesterday that its founder and chairman, Charles R. Schwab, would give up the title of co-chief executive in May, though Mr. Schwab intends to continue piloting the company's strategy. David Pottruck, who has...

For several months, Wall Street firms and securities regulators have been rewriting the rules of stock research in an effort to regain some of the credibility that evaporated when the technology bubble burst. But suddenly, that patchwork approach...

The Charles Schwab Corporation slashed the pay of its top two executives 93 percent last year as the firm laid off about 6,000 employees amid a drop in earnings. Charles Schwab and David Pottruck, the firm's co-chief executives, each earned $650,000...

Steven Scheid, who led the individual investor business at the discount brokerage firm Charles Schwab, has resigned, leaving the co-chief executive, David Pottruck, to operate the firm's largest division temporarily. Mr. Scheid, who joined Schwab in...

Few people have been as driven to knock over the big apple cart on Wall Street as David S. Pottruck, co-chief executive of the Charles Schwab Corporation. In his zeal to revolutionize the way stocks and bonds are sold, Mr. Pottruck set out a few...

The Charles Schwab Corporation said yesterday that it would temporarily cut the salaries of its top executives to conserve cash because of the stock market slump. The co-chief executives, Charles Schwab and David S. Pottruck, will give up half their...